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Ranga Sirilal

Sri Lanka boosts leader's security over alleged death plot: advisers

18 Oct 2018

COLOMBO Security for Sri Lankan President Maithripala Sirisena has been stepped up following the discovery of an alleged plot to assassinate him, two of his advisers said on Thursday.

Sri Lanka surprises, keeps rates steady despite pressure on rupee

02 Oct 2018

COLOMBO Sri Lanka's central bank surprised financial markets on Tuesday by leaving its key policy rates unchanged, despite heavy pressure on the rupee currency and foreign outflows from government securities.

UPDATE 2-Sri Lanka surprises, keeps rates steady despite pressure on rupee

02 Oct 2018

* Rupee down around 10 pct this year amid foreign bond outflows

Maldives opposition warns against bid to sway Sept election

28 Aug 2018

COLOMBO The opposition presidential candidate in the Maldives has said he does not expect a September election to be free and fair but trusted voters to decide on his challenge to President Abdulla Yameen, who imposed a state of emergency this year.

Buddhist monk in Sri Lanka gets six years' jail in contempt case

08 Aug 2018

COLOMBO A Sri Lankan court on Wednesday handed a six-year jail term to a Buddhist monk accused of inciting violence against Muslims, holding him guilty of contempt just months after he was convicted of intimidating the wife of a missing journalist.

Sri Lanka central bank keeps key rates steady as expected

03 Aug 2018

COLOMBO Sri Lanka's central bank left its key policy rates unchanged as expected on Friday, saying the decision backed its goals for stabilizing inflation and fostering sustainable economic growth.

Sri Lanka's central bank warns against dollar hoarding as rupee falls

11 Jul 2018

COLOMBO Sri Lanka's central bank is concerned about the dollar hoarding and market manipulation that's exacerbating the rupee's weakness and has the tools to correct any misalignment in the exchange rate, its governor told Reuters.

Sri Lanka jails extremist Buddhist monk for six months over threats to woman

14 Jun 2018

COLOMBO A Sri Lankan court on Thursday jailed for six months a Buddhist monk accused of inciting violence against Muslims after finding him guilty of intimidating the wife of a missing journalist, in a case seen as a test of the independence of the judiciary.

Sri Lanka signs deal with Schlumberger subsidiary for $50 million seismic study

30 May 2018

COLOMBO Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S. firm Schlumberger for a $50 million seismic study off the country's east coast to evaluate any prospective oil resources, a senior government official said.

Sri Lanka signs deal with Schlumberger subsidiary for $50 mln seismic study

30 May 2018

COLOMBO, May 30 Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S. firm Schlumberger for a $50 million seismic study off the country's east coast to evaluate any prospective oil resources, a senior government official said.

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